Another controversial opinion while I'm on a roll.
I find it nauseating when shareholders say it is my company, I own the company.
Technically that is correct but it is utter tosh.
If I and three mates club together and by a local hardware shop we then own that company. Most shareholders just buy a gambling chip.
The difference between a shareholder and my mates and I buying a hardware shop is active involvement in company strategy and recruiting.
It just irritates me when I read upset shareholders talk of it is my company. The same are likely to sell it on a whim. Shareholders don't own a company they have an interest in hoping other people buy shares to push up their holding.
SGH Price at posting:
49.0¢ Sentiment: Buy Disclosure: Held
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